Payments company Adyen retains hiring pace despite tech slowdown

Claudia Chong

Published Mon, Dec 12, 2022 · 05:50 AM

DUTCH fintech Adyen intends to keep up its pace of hiring until at least 2024, taking advantage of its strong financial position to continue growing its business even as rivals are forced to cut back.

Adyen’s headcount stood at 2,575 at end-June, about 78 per cent more than two years ago. The company added 395 people in the first half of this year, over 50 per cent more than it did in each of the last two half-years.

That increased pace reflected improvements in prospects, rather than a lack of discipline, according to Ingo Uytdehaage, chief financial officer of Adyen.

“Over the past year, sometimes people were hiring so fast. And that’s something we’ve…